Monday's ETF with Unusual Volume: IYY

By: BNK Invest

Posted: 7/7/2014 2:28:00 PM

Referenced Stocks: IYY;BAC;AAPL;CRUS;ARNA

The iShares Dow Jones U.S. ETF (
IYY
) is seeing unusually high volume in afternoon trading Monday, with
over 158,000 shares traded versus three month average volume of
about 31,000. Shares of IYY were off about 0.3% on the day.

Components of that ETF with the highest volume on Monday were Bank
of America (
BAC
), trading down about 1.1% with over 30.2 million shares changing
hands so far this session, and Apple (
AAPL
), up about 1% on volume of over 29.7 million shares. Cirrus Logic
(
CRUS
) is the component faring the best Monday, up by about 5% on the
day, while Arena Pharmaceuticals (
ARNA
) is lagging other components of the iShares Dow Jones U.S. ETF,
trading lower by about 8.9%.